Pension warning: Retirees urged to seek advice as common pension mistakes revealed

While investment returns and the state pension may be some forms of income a pensioner has, many will fund their retirement with the support of a private pension. Making pension contributions is something which lots of people will do during their working life. But, when it comes to retirement, there may well be a number of financial decisions to More...

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By admin On Saturday, September 21st, 2019
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Premium Bonds winners: NS&I reveal who scooped the whopping high value prizes in September

The September 2019 Premium Bonds prize draw winners have been announced. This month, the prize fund totalled more than £96 million. The total number of prizes in September exceeded 3.3 million. This included More...

By admin On Friday, September 20th, 2019
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Pound US Dollar exchange rate: BoE’s Brexit delay warning leaves GBP/USD flat

The bank revealed that a weakening of global growth prevented the UK economy from reaching its full potential, a problem which the bank believes will intensify if the government fails to secure a Brexit deal More...

By admin On Thursday, September 19th, 2019
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CLASSIC CANES: DOWNTON delivers celebrity dividend for stylish walking sticks maker

The Somerset-based family business sees demand, especially in the US, surge by up to 20 per cent when Maggie Smith’s dowager countess appears sporting her elegantly crafted support. Now a new uplift is surfacing More...

By admin On Wednesday, September 18th, 2019
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Inheritance Tax on gifts: How rates may be affected on gifts given in years before death

The standard Inheritance Tax rate is 40 per cent. This is not payable on the part of a person’s estate – meaning their money, possessions and property – below a specific threshold. In some situations, More...

By admin On Tuesday, September 17th, 2019
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What Inheritance Tax does a spouse pay? Why it may not be payable after partner's death

Inheritance Tax may be required to be paid to HM Revenue and Customs (HMRC). The standard Inheritance Tax rate is 40 per cent. However, this is only payable on the portion above the threshold. Normally, there More...

By admin On Monday, September 16th, 2019
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Universal Credit changes: When will you get paid? New system comes in to force on this day

Universal Credit changes are being implemented by the Department for Work & Pensions in October. Claimants will see a change in the amount they are paid from October 2. The changes will affect those who More...

By admin On Sunday, September 15th, 2019
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Retirement and me: Woman sees state pension 'frozen' – but sister still gets full amount

Monica Philip moved to England at the age of 20 back in 1959. She worked in the UK for 37 years as a public servant, including spending 15 years working at the Ministry of Defence. She also worked for the City More...

By admin On Saturday, September 14th, 2019
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Bitcoin price news: The eco-friendly way to mine crypto

Bitcoin was born ten years ago while the world teetered toward financial collapse as a result of the 2007 and 2008 financial crisis. An elusive character called Satoshi Nakamoto then created a peer-to-peer More...

By admin On Friday, September 13th, 2019
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State pension age changes: Women detail ‘bitter disappointment’ at facing cash shortfall

The state pension age is due to reach 66 for both sexes in October 2020, and future plans will see it increase to 67 between 2026 and 2028 under the Pensions Act 2014. Under the current law, the state pension More...